What is a major opportunity cost of going to college on a full-time basis?
A) The cost of transportation to college instead of to a job
B) The cost of living expenses (room and board) to attend college
C) The foregone income that could be earned working full-time job
D) The greater income that will be earned from having a college degree

Question

Quizplus · Accepted Answer

When a person decides to attend college full-time, they give up the opportunity to work a full-time job and earn income. This is the major opportunity cost of going to college on a full-time basis. Choices A, B, and D are all associated with costs of attending college but are not specifically opportunity costs.

What Is a Major Opportunity Cost of Going to College